Singapore
Chart of the Week: COVID-19 hastens digital payments exodus in APAC
Business activities and consumer spending will further fast-track the growth.
Chart of the Week: COVID-19 hastens digital payments exodus in APAC
Business activities and consumer spending will further fast-track the growth.
SFA collaborates with AMTD to support local fintech industry
They will jointly establish a five-year fellowship programme for the most innovative fintechs.
Taxing environment weighing down on ASEAN, Indian banks
Government support will offset but not fully eliminate the pressure.
Banks seek trade finance revamp after billions in losses: report
Lenders are struggling to reclaim loans as big traders trick banks with empty promises.
Mastercard, Visa, payment networks launch online checkout solution in APAC
Customers need only to “click to pay” for their web purchases.
Standard Chartered to add six Asian markets to IBOS network
Both parties will eventually expand to other markets where the bank operates.
Eight in 10 Singaporeans will stick to online banking after the pandemic
Almost 70% of those aged 54 and above have grown comfortable to online banking.
Weekly Global News Wrap: Britain, EU must settle financial market access; HSBC to slash 255 jobs in France
And embattled payments firm Wirecard attracts potential buyers.
AMTD Digital to acquire stake in FOMO Pay
This is AMTD Digital's third controlling acquisition in Singapore's fintech sector.
Fintech soCash expands network with Sheng Siong, Prime partnership
Customers will be able to withdraw cash from 82 supermarket branches across Singapore.
Bottomline supplies solutions for alarming threats to modern banking
As modern banking rapidly transitions to mobile, it continues to face threats to payment flows as entry points for fraudsters increase.
Singapore's Fintech Academy, Alibaba, Pfizer form healthcare fintech alliance
They will grant incubator support, training and incentive programs to health fintechs.
Singapore banks set to fast-track digital transformation due to COVID-19
The COVID-19 pandemic forced Singapore banks to change tack in order to meet social distancing and work from home requirements. However, it didn’t stop financial crime. Since the pandemic, there has been a significant increase in COVID-related fraud, with criminals engaging in telephone fraud, phishing scams, and even developing fake websites for personal protective equipment (PPE) – only recently a Singapore man was arrested for suspected involvement in money-laundering offences linked to a Covid-19-related scam.
Myanmar Citizens Bank, JCB to offer co-branded debit cards
The new MCB International Debit Card offers discounts at 150 stories in Yangon.
Hong Kong, Singapore play catch-up with mobile banking apps
European financial firms dominated the global top ten of Sia Partners’ study.
Weekly Global News Wrap: Goldman Sachs boosts capital measures; Charges filed against Wirecard ex-bosses
And the UK allows TransferWise to offer retail investment services.
Mastercard and fintech EedenBull extend partnership to APAC payments
The partnership will support the company’s rollout of its commercial cards platform.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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